About 1256 North Avenue
Rare 10% CAP - Almost Ready Beacon Multifamily Property Premium Opportunity in Prime Location Welcome to this exceptional multifamily property in the heart of Beacon, NY! This unique investment opportunity offers a combination of commuter rentals and Air B&B potential, perfect for savvy investors and entrepreneurs. Recently Renovated The property has undergone significant renovations, with 7 apartments on the 2nd and 3rd floors nearing completion. First Floor Flexibility The 1st floor features 14 units configured as a Single Resident Occupancy/Air BNB Hostel-Style layout, providing flexibility and versatility for short-term rentals or long-term leases. Prime Location Conveniently next to the Newburgh/Beacon Bridge and close to the direct train to Grand Central Station. Beacon is a prime residential area, boasting the Dia.Beacon Museum, many shops and food establishments.
Features of 1256 North Avenue
| MLS® # | H6302056 |
|---|---|
| Price | $2,625,000 |
| Bedrooms | 21 |
| Bathrooms | 11.00 |
| Full Baths | 11 |
| Square Footage | 8,100 |
| Acres | 0.43 |
| Taxes | $26,000 |
| Year Built | 1950 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1256 North Avenue |
|---|---|
| City | Beacon |
| County | Dutchess |
| State | NY |
| Zip Code | 12508 |
| Adult 55+ Community | No |
Amenities
| Parking | Parking Lot, Off Street |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric, Baseboard |
|---|---|
| Cooling | Window Unit(s) |
| Has Basement | Yes |
| Basement | Bilco Door(s), Full |
| Fireplace | No |
School Information
| District | Beacon |
|---|---|
| Elementary | South Avenue School |
| Middle | Rombout Middle School |
| High | Beacon High School |
Additional Information
| Date Listed | April 19th, 2024 |
|---|---|
| Days on Market | 168 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Valley Realty |
|---|